Debt Free by 2008 (Round 2)

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Listing Information
Amount: $15,000.00 Status: Loan created
Grade: B DTI: 37%
Lender Rate: 16% Borrower: lb1974
Time Left: Finished State: MD
Funded: 100% Group: Debt Consolidators
Loan Information
Loan Status: 4+ months late Origination Date: 2007-03-21 EricsCC ROI: -43%
Status History
Mar 22, 2007 Current
Nov 06, 2007 Late
Nov 23, 2007 1 month late
Dec 22, 2007 2 months late
Jan 23, 2008 3 months late
Feb 22, 2008 4+ months late
Dear Lenders,

I am 32 years old and my goal is to pay off my credit cards in 2008, such as capital One, Providian, etc. The APR?s have jumped to 31% on one, and around 18% on others. Once all my debt is paid off, I plan to save towards buying a home of my own. I have been renting for a while now, and want to make the next step of becoming a homeowner. Objective is to become debt free by 2008.

I am a recent MBA graduate, and have come into the fold of our family insurance business working with my father and sister. Not only did I take a pay cut to do so, I am working my hardest for my salary of $35k a year. I can show steady employment for the past 13 years, in the computer and insurance industry.

I filed for bankruptcy back in 1999, and have worked very hard at keeping my credit reports clean and maintaining a healthy credit score.  I heard of Prosper from a friend, and this is where I am right now. I have 3 more years of my bankruptcy being on my record, and wish to pay off all remaining debts by that time. I keep saying in my mind ?Debt Free?; I will get there this is why I am here.

Monthly income: 2200
Rent: 1000
Car & Insurance: 443 (Santa Fe)
Cell: 55
School Loan: 100
Credit Cards: 600

Contact me with any questions and I will be more than happy to answer.
Thanks for your time!
Borrower's Other Listings
100626 Trying to get my head above water B $15,000 @ 10% Feb 16, 2007 Withdrawn
100930 Help me become Debt Free B $15,000 @ 15% Feb 17, 2007 Expired

 

Discussion For This Listing
Sun, April 13, 2008
Loan is 4+ months late now. Does anybody have any updates?
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